State of New Jersey Local Government Services

Year: State of New Jersey Local Government Services 2018 Municipal User Friendly Budget MUNICIPALITY: 181 2 Municode: 0505 Filename: 0505_fba_2018.xlsm Website: townshipoflower.org Phone Number: 609 886 2005 Mailing Address: 2600 Bayshore Road Email the UFB if not using Outlook Municipality: Villas State: NJ Zip: 08251 Mayor First Name Middle Name Last Name Term Expires Business Email Eric Simonsen 12/31/2020 esimonsen@townshipoflower.org Chief Administrative Officer James Ridgway Chief Financial Officer jridgway@townshipoflower.org Lauren Read Municipal Clerk lread@townshipoflower.org Julie Picard Registered Municipal Accountant jpicard@townshipoflower.org Leon Costello Governing Body Members lcostello@ford scott.com First Name Middle Name Last Name Term Expires Business Email Frank Sippel 12/31/2020 fsippel@townshipoflower.org Thomas Conrad 12/31/2018 tconrad@townshipoflower.org David Perry 12/31/2018 dperry@townshipoflower.org Roland Roy 12/31/2018 rroy@townshipoflower.org

USER FRIENDLY BUDGET SECTION - PROPERTY TAX BREAKDOWN 2017 Calendar Year Property Tax Levies - ALL entities levying property taxes Current Year 2018 Budget Calendar Year Calendar Year % of Avg Residential Taxes Actual/Estimated Tax Levy Tax Rate Tax Levy Total Levy Taxpayer Impact Municipal Purpose Tax 0.574 $20,797,190.62 32.65% $0.00 Municipal Purpose Tax ACTUAL $20,863,365.82 Municipal Library 0.00% $0.00 Municipal Library Municipal Open Space 0.00% $0.00 Municipal Open Space Fire Districts (avg. rate/total levies) 0.063 $2,303,871.00 3.62% $0.00 Fire Districts (total levies) ESTIMATED $2,400,000.00 Other Special Districts (total levies) 0.00% $0.00 Other Special Districts (total levies) Local School District 0.466 $16,866,654.00 26.48% $0.00 Local School District ESTIMATED $17,200,000.00 Regional School District 0.381 $13,783,194.00 21.64% $0.00 Regional School District ESTIMATED $14,600,000.00 County Purposes 0.230 $8,308,864.23 13.04% $0.00 County Purposes ESTIMATED $10,101,000.00 County Library 0.035 $1,256,091.87 1.97% $0.00 County Library County Board of Health 0.00% $0.00 County Board of Health County Open Space 0.011 $380,500.36 0.60% $0.00 County Open Space Other County Levies (total) 0.00% $0.00 Other County Levies (total) Total (Calendar Year 2017 Budget) 1.760 $63,696,366.08 100.00% $0.00 Total ESTIMATED amount to be raised by taxes $65,164,365.82 Total Taxable Valuation as of October 1, 2017 $3,634,439,452.00 Revenue Anticipated, Excluding Tax Levy 7,333,364.56 (To be used to calculate the current year tax rate) Budget Appropriations, before Reserve for Uncollected Taxes 26,346,062.39 Current Year Average Residential Assessment $230,799.30 Total Non-Municipal Tax Levy $44,301,000.00 Amount to be Raised by Taxes - Before RUT $63,313,697.83 Prior Year to Current Year Comparison Reserve for Uncollected Taxes (RUT) $1,850,667.99 Total Amount to be Raised by Taxes $65,164,365.82 Comparison - Municipal Purposes Tax Rate Prior Year Current Year % Change (+/-) % of Tax Collections used to Calculate RUT 97.16% 0.574 0.574 0.00% If % used exceeds the actual collection % then Comparison - Municipal Purposes Tax Levy reference the statutory exception used Prior Year Current Year % Change (+/-) $ Change (+/-) $20,797,190.62 $20,863,365.82 0.32% $66,175.20 Tax Collections - ACTUAL as of Prior Year Total Tax Revenue, Collections CY 2017 63,138,758.54 Comparison - Impact on Avg. Residential Tax Payment (Municipal Purposes Only) Total Tax Levy, CY 2017 63,981,747.77 Prior Year Current Year % Change (+/-) $ Change (+/-) % of Taxes Collected, CY 2017 98.68% $0.00 $1,324.79 #DIV/0! $1,324.79 Delinquent Taxes - December 31, 2017 $783,587.92 Sheet UFB-1

USER FRIENDLY BUDGET SECTION - ANTICIPATED REVENUE SUMMARY (ALL OPERATING FUNDS) General Open Space % Difference $ Difference Total Realized Total Anticipated FCOA Budget Budget Utility Utility Utility Utility Utility Utility Current vs. Current vs. Prior Revenue (Prior Revenue (Current Prior Year Year Year) Year) 08 Surplus 18.89% $477,000.00 $2,525,000.00 $3,002,000.00 $3,002,000.00 08 Local Revenue 3.09% $43,644.22 $1,413,391.92 $1,457,036.14 $1,457,036.14 09 State Aid (without offsetting appropriation) 0.00% $0.00 $1,563,228.00 $1,563,228.00 $1,563,228.00 08 Uniform Construction Code Fees 68.00% $170,000.00 $250,000.00 $420,000.00 $420,000.00 Special Revenue Items w/ Prior Written Consent 11 Shared Services Agreements #DIV/0! $0.00 $0.00 08 Additional Revenue Offset by Appropriations #DIV/0! $0.00 $0.00 10 Public and Private Revenue -76.72% ($300,284.10) $391,384.52 $91,100.42 $91,100.42 08 Other Special Items #DIV/0! $0.00 $0.00 15 Receipts from Delinquent Taxes 0.00% $0.00 $800,000.00 $800,000.00 $800,000.00 Amount to be raised by taxation 07 Local Tax for Municipal Purposes 0.32% $66,175.20 $20,797,190.62 $20,863,365.82 $20,863,365.82 07 Minimum Library Tax #DIV/0! $0.00 $0.00 54 Open Space Levy Tax #DIV/0! $0.00 $0.00 07 Addition to Local District School Tax #DIV/0! $0.00 $0.00 08 Deficit General Budget #DIV/0! $0.00 $0.00 Total 1.65% $456,535.32 $27,740,195.06 $28,196,730.38 $28,196,730.38 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Sheet UFB-2

USER FRIENDLY BUDGET SECTION - APPROPRIATIONS SUMMARY (ALL OPERATING FUNDS) Budgeted Positions General Public&Private Open Space Total Modified Total FCOA Full-Time Part-Time % Difference $ Difference Budget Offsets Budget Utility Utility Utility Utility Utility Utility Appropriation Appropriation for Current v. Current v. Prior for Service Type Service Type Prior Year Year (Prior Year) (Current Year) 20 General Government -28.14% ($774,124.50) $2,751,350.00 $1,977,225.50 $1,977,225.50 21 Land-Use Administration -0.63% ($100.00) $16,000.00 $15,900.00 $15,900.00 22 Uniform Construction Code 19.72% $71,775.00 $363,935.00 $435,710.00 $435,710.00 23 Insurance 9.03% $435,529.10 $4,824,921.00 $5,260,450.10 $5,260,450.10 25 Public Safety 4.89% $293,376.62 $5,994,178.00 $6,287,554.62 $6,287,554.62 26 Public Works 1.45% $44,500.00 $3,065,245.00 $3,109,745.00 $3,109,745.00 27 Health and Human Services 1.79% $3,261.00 $182,013.00 $185,274.00 $185,274.00 28 Parks and Recreation 0.23% $998.75 $437,925.00 $438,923.75 $438,923.75 29 Education (including Library) #DIV/0! $0.00 $0.00 30 Unclassified -34.13% ($300,284.10) $879,941.52 $579,657.42 $579,657.42 31 Utilities and Bulk Purchases 4.72% $49,000.00 $1,037,900.00 $1,086,900.00 $1,086,900.00 32 Landfill / Solid Waste Disposal 1.96% $14,000.00 $716,000.00 $730,000.00 $730,000.00 35 Contingency 0.00% $0.00 $300.00 $300.00 $300.00 36 Statutory Expenditures 3.60% $83,657.00 $2,323,315.00 $2,406,972.00 $2,406,972.00 37 Judgements #DIV/0! $0.00 $0.00 42 Shared Services #DIV/0! $0.00 $0.00 43 Court and Public Defender 1.95% $4,355.00 $223,895.00 $228,250.00 $228,250.00 44 Capital -64.29% ($450,000.00) $700,000.00 $250,000.00 $250,000.00 45 Debt 1.58% $45,000.00 $2,855,000.00 $2,900,000.00 $2,900,000.00 46 Deferred Charges 83.48% $206,200.00 $247,000.00 $453,200.00 $453,200.00 48 Debt - Type 1 School District #DIV/0! $0.00 $0.00 50 Reserve for Uncollected Taxes -0.09% ($1,608.55) $1,852,276.54 $1,850,667.99 $1,850,667.99 55 Surplus General Budget #DIV/0! $0.00 $0.00 Total 0.00 0.00-0.96% ($274,464.68) $28,471,195.06 $28,196,730.38 $28,196,730.38 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Sheet UFB-3

USER FRIENDLY BUDGET SECTION STRUCTURAL BUDGET IMBALANCES Revenues at Risk Non-recurring appropriation reductions Future Year Appropriation Increases Structural Imbalance Offsets Line Item. Put "X" in cell to the left that corresponds to the type of imbalance. Amount Comment/Explanation X Emergency Appropriation - Tax Maps $731,000.00 X MUA Contributions $70,000.00 A Special Emergency was authorized by resolution #17-280 to update tax maps on 10/16/17 This contribution is subject to approval (or rejection) by MUA board Sheet UFB-4

ASSESSED PROPERTY VALUATIONS - EXEMPT PROPERTY - PROPERTY TAX APPEAL DATA Property Tax Assessments - Taxable Properties (October 1, 2017 Value) Property Tax Assessments - Exempt Properties (October 1, 2017 Value) # of Parcels Assessed Value % of Total # of Parcels Assessed Value % of Total 1 Vacant Land 719 $64,779,300.00 1.78% 15A Public Schools 7 $54,056,200.00 22.74% 2 Residential 14,225 $3,283,120,000.00 90.33% 15B Other Schools 2 $1,096,600.00 0.46% 3A/3B Farm 73 $6,928,100.00 0.19% 15C Public Property 370 $116,649,400.00 49.08% 4A Commercial 332 $264,001,400.00 7.26% 15D Church and Charities 125 $43,835,200.00 18.44% 4B Industrial 0.00% 15E Cemeteries & Graveyards 5 $987,000.00 0.42% 4C Apartments 5 $11,432,200.00 0.31% 15F Other Exempt 97 $21,063,600.00 8.86% 5A/5B Railroad 0.00% 6A/6B Business Personal Property $4,178,452.00 0.11% Total 15,354 $3,634,439,452.00 100.00% Total 606 $237,688,000.00 100.00% Average Ratio (%), Assessed to True Value 95.58% Equalized Valuation, Taxable Properties $3,802,510,412.22 Percentage of Exempt vs. Non-Exempt Properties 6.54% Total # of property tax appeals filed in 2017 County Tax Board 19.00 State Tax Court 4.00 Number of 2017 County Tax Board decisions appealed to Tax Court 0.00 Number of pending property tax appeals in State Tax Court 2.00 Amount paid out by municipality for tax appeals in 2017 $11,727.45 Prior Budget Year's Payments in Lieu of Tax (PILOT) - 5 Year Exemptions/Abatements # of PILOT Parcels Billing/Revenue Assessed Value G Commercial/Industrial Exemption 3 $104,223.03 $12,250,000.00 I Dwelling Exemption J Dwelling Abatement K New Dwelling/Conversion Exemption L New Dwelling/Conversion Abatement N Multiple Dwelling Exemption O Multiple Dwelling Abatement Total 5 Yr Exemptions/Abatements 3 104,223.03 12,250,000.00 Sheet UFB-5 Taxes if Billed in Full 2017 Total Tax Rate $215,967.50 215,967.50

USER FRIENDLY BUDGET SECTION Long Term Tax Exemptions Prior Budget Year's Payments in Lieu of Tax (PILOT) - Long Term Tax Exemptions Prior Budget Year's Payments in Lieu of Tax (PILOT) - Long Term Tax Exemptions Prior Budget Year's Payments in Lieu of Tax (PILOT) - Long Term Tax Exemptions Prior Budget Year's Payments in Lieu of Tax (PILOT) - Long Term Tax Exemptions Type of Project Taxes if Billed Type of Project Taxes if Billed Type of Project Taxes if Billed Type of Project Taxes if Billed Project (use drop-down In Full Project (use drop-down In Full Project (use drop-down In Full Project (use drop-down In Full Name for data entry) PILOT Billing Assessed Value 2017 Total Tax Rate Name for data entry) PILOT Billing Assessed Value 2017 Total Tax Rate Name for data entry) PILOT Billing Assessed Value 2017 Total Tax Rate Name for data entry) PILOT Billing Assessed Value 2017 Total Tax Rate CAPE MAY HOUSING ASSOC Aff. Housing $38,398.98 $5,200,000.00 $91,676.00 HAVEN HOUSE Aff. Housing $40,055.25 $4,200,000.00 $74,046.00 YORKSHIRE PLACE Aff. Housing $25,768.80 $2,850,000.00 $50,245.50 Total Long Term Exemptions - Column Total 104,223.03 12,250,000.00 215,967.50 Total Long Term Exemptions - Column Total $0.00 $0.00 $0.00 Total Long Term Exemptions - Column Total $0.00 $0.00 $0.00 Total Long Term Exemptions - Column Total $0.00 $0.00 $0.00 Mark "X" if Grand Total X Total Long Term Exemptions - GRAND TOTAL $104,223.03 $12,250,000.00 $215,967.50 Sheet UFB-6 Sheet UFB-6C

USER FRIENDLY BUDGET SECTION BUDGETED PERSONNEL COSTS # of # of Total Overtime Pension Health Benefits Employment Full-Time Part-Time Personnel Base and other (Estimate) Net of Taxes and Organization / Individuals Eligible for Benefit Employees Employees Cost Pay Compensation Cost Share Other Benefits Governing Body 5.00 85,407.00 $78,000.00 $1,440.00 $5,967.00 Supervisory Staff (Department Heads & Managers) 13.00 1.00 1,429,160.31 $1,092,996.71 $22,185.51 $131,090.94 $97,575.71 $85,311.44 Police Officers (Including Superior Officers) 46.00 10.00 6,527,599.47 $4,434,414.40 $74,157.92 $1,207,123.50 $466,997.87 $344,905.78 Fire Fighters (Including Superior Officers) 0.00 All Other Union Employees not listed above 67.00 16.00 5,885,886.07 $3,637,468.97 $154,899.62 $526,914.83 $1,276,486.45 $290,116.20 All Other Non-Union Employees not listed above 4.00 29.00 761,082.11 $591,504.37 $1,115.80 $33,439.33 $89,687.17 $45,335.44 Totals 130.00 61.00 14,689,134.96 $9,834,384.45 $252,358.85 $1,900,008.60 $1,930,747.20 $771,635.86 Is the Local Government required to comply with NJSA 11A (Civil Service)? - YES or NO YES Note - Base Pay is the annualized rate of pay to which overtime (if eligible) and/or pension is calculated. Either calculation is fine at the discretion of the Local Unit. Overtime and other compensation is any other item that is charged as a salary and wage expense but not included in Base Pay. Sheet UFB-7

USER FRIENDLY BUDGET SECTION - HEALTH BENEFITS Current Year # of Covered Members (Medical & Rx) Current Year Annual Cost Estimate per Employee Total Current Year Cost Prior Year # of Covered Members (Medical & Rx) Prior Year Annual Cost per Employee (Average) Total Prior Year Cost Active Employees - Health Benefits - Annual Cost Single Coverage 30.00 $11,407.44 $342,223.20 30.00 $11,407.44 $342,223.20 Parent & Child 20.00 $22,814.88 $456,297.60 13.00 $20,419.32 $265,451.16 Employee & Spouse (or Partner) 44.00 $31,826.64 $1,400,372.16 20.00 $22,814.88 $456,297.60 Family 13.00 $20,419.32 $265,451.16 44.00 $31,826.64 $1,400,372.16 Employee Cost Sharing Contribution (enter as negative - ) Subtotal 107.00 $2,464,344.12 107.00 $2,464,344.12 Elected Officials - Health Benefits - Annual Cost Single Coverage $0.00 $0.00 Parent & Child $0.00 $0.00 Employee & Spouse (or Partner) $0.00 $0.00 Family $0.00 $0.00 Employee Cost Sharing Contribution (enter as negative - ) Subtotal 0.00 $0.00 0.00 $0.00 Retirees - Health Benefits - Annual Cost Single Coverage 15 $15,584.28 $233,764.20 15 $15,958.68 $239,380.20 Parent & Child 4 $21,817.92 $87,271.68 4 $22,339.80 $89,359.20 Employee & Spouse (or Partner) 20 $33,973.68 $679,473.60 20 $34,790.04 $695,800.80 Family 11 $38,648.88 $425,137.68 11 $39,577.56 $435,353.16 Employee Cost Sharing Contribution (enter as negative - ) Subtotal 50.00 $1,425,647.16 50.00 $1,459,893.36 GRAND TOTAL 157.00 $3,889,991.28 157.00 $3,924,237.48 Note - other health insurances such as dental and vision are not included in this analysis unless included in the employees total premium. Therefore, the total from this sheet may not agree with the budgeted appropriation. Is medical coverage provided by the SHBP (Yes or No)? Is prescription drug coverage provided by the SHBP (Yes or No)? Sheet UFB-8 YES YES

USER FRIENDLY BUDGET SECTION ACCUMULATED ABSENCE LIABILITY Gross Days of Accumulated Absence Approved Labor Agreement Legal basis for benefit (check applicable items) Individual Employment Agreement Dollar Value of Compensated Local Organization/Individuals Eligible for Benefit Absences Ordinance TEAMSTERS 1999.72 $438,329.11 X SUPERIOR OFFICERS 289.25 $222,294.09 X PBA 2920.81 $831,287.51 X SUPERVISORS 1236.89 $342,221.56 X AFSCME 871.15 $161,480.75 X RECREATION AIDES 107.86 $9,465.85 X NON-UNION 570.68 $121,997.59 X X Totals 7996.36 $2,127,076.46 Total Funds Reserved as of end of 2017 $625,373.17 Total Funds Appropriated in 2018 $380,000.00 UFB-9 Accumulated Absence Liability

USER FRIENDLY BUDGET SECTION - OUTSTANDING DEBT; PER CAPITA AND BUDGET IMPACT Gross Net Current Year 2019 2020 All Additional Future Debt Deductions Debt Budget Budget Budget Years' Budgets Local School Debt $5,121,000.00 $5,121,000.00 $0.00 Utility Fund - Principal Regional School Debt $5,315,977.45 $5,315,977.45 $0.00 Utility Fund - Interest Bond Anticipation Notes - Principal Utility Fund Debt Bond Anticipation Notes - Interest 0 $15,843,151.00 $15,843,151.00 $0.00 Bonds - Principal $2,300,000.00 $1,230,000.00 $1,350,000.00 $9,080,000.00 0 $0.00 Bonds - Interest $435,800.00 $378,800.00 $341,900.00 $1,038,600.00 0 $0.00 Loans & Other Debt - Principal $103,684.01 $105,767.88 $107,893.98 $742,565.25 0 $0.00 Loans & Other Debt - Interest $20,682.38 $18,598.34 $16,472.38 $53,379.77 0 $0.00 0 $0.00 Total $2,860,166.39 $1,733,166.22 $1,816,266.36 $10,914,545.02 Municipal Purposes Debt Authorized $5,770,000.00 $5,770,000.00 Total Principal $2,403,684.01 $1,335,767.88 $1,457,893.98 $9,822,565.25 Notes Outstanding $0.00 Total Interest $456,482.38 $397,398.34 $358,372.38 $1,091,979.77 Bonds Outstanding $13,960,000.00 $13,960,000.00 % of Total Current Year Budget 10.14% Loans and Other Debt $1,059,911.09 $1,059,911.09 Description Total (Current Year) $47,070,039.54 $26,280,128.45 $20,789,911.09 Total Guarantees - Governmental Total Guarantees - Other Total Capital/Equipment Leases Population (2010 census) 22,866 Total Other Debt Not Listed Above Per Capita Gross Debt $2,058.52 Bond Rating Moody's Standard & Poors Fitch Per Capita Net Debt $909.21 Rating Aa3 AA /Stable Year of Last Rating 2014 2016 3 Yr. Average Property Valuation $3,806,783,462.00 Net Debt as % of 3 Year Avg Property Valuation 0.55% Mark "X" if Municipality has no bond rating Sheet UFB-10

Providing or Receiving Services? USER FRIENDLY BUDGET SECTION - SHARED SERVICES PROVIDED AND RECEIVED Providing Services To/Receiving Services From Type of Shared Service Provided Notes (Enter more specifics if needed) Begin Date End Date Amount to be Received/Paid Providing Lower Cape May Regional School Resource Officer 6/30/2017 12/31/2019 $84,357.14 Providing West Cape May Uniform Construction Code 7/25/2013 7/24/2018 Permit Fees Providing Cape May County Fleet Maintenance 1/1/2018 12/31/2022 $48,989.10 Providing Lower Township MUA Reverse 911 Annual cost of $5,000 is shared $2,500.00 Providing Lower Township MUA Various Services 9/1/2010 Per project basis Receiving Lower Twp Fire District #3 Fire Protection Diamond Beach Area 1/1/2017 12/31/2019 $13,750.00 Receiving Cape May County Dispatch 9/15/2016 $600,000.00 Sheet UFB-11

USER FRIENDLY BUDGET SECTION - LIST OF AUTHORITIES AND FIRE DISTRICTS Please set forth below the names of all authorities and fire districts that serve your municipality Lower Township Municipal Utilities Authority Lower Township Fire District #1 Lower Township Fire District #2 Lower Township Fire District #3

(Press ALT-Enter to go to a new line in each cell) Sheet UFB-1 contains a calculation error. The worksheet doesn't include the formula for "Avg Residential Taxpayer Impact" so an extra sheet was added with those calculations. USER FRIENDLY BUDGET SECTION - Notes